According to Paul Smith, a principal at transport consultancy Scott Wilson, modelling in a world of economic hardship is presenting unique challenges to the modelling community. “People just don’t know what is going on,” he says. “Uncertainty is the key issue.” “I know we have had recessions before,” he goes on. “But what we don’t know is whether the current crisis is going to be just a ‘blip’ or whether it will change things...
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